Ideal Bike (ROCO:8933) Cyclically Adjusted Revenue per Share: NT$25.42 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:8933 Ideal Bike Corp ROCO:8933
53 GF Score
Price NT$4.29
GF Value NT$4.82
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Ideal Bike Cyclically Adjusted Revenue per Share?

Ideal Bike ROCO:8933 53 Cyclically Adjusted Revenue per Share is NT$25.42 as of Dec. 2025. GuruFocus rates ROCO:8933 with a GF Score™ of 53/100 and a GF Value™ of NT$4.82 (Modestly Undervalued). The stock has 4 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Ideal Bike's adjusted revenue per share for the three months ended in Dec. 2025 was NT$0.864. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is NT$25.42 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Ideal Bike's average Cyclically Adjusted Revenue Growth Rate was -17.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -12.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -8.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Ideal Bike was -5.90% per year. The lowest was -12.00% per year. And the median was -6.80% per year.

As of today (2026-08-01), Ideal Bike's current stock price is NT$4.29. Ideal Bike's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was NT$25.42. Ideal Bike's Cyclically Adjusted PS Ratio of today is 0.17.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Ideal Bike was 0.57. The lowest was 0.08. And the median was 0.28.


Ideal Bike  (ROCO:8933) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Ideal Bike's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=4.29/25.42
=0.17

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Ideal Bike was 0.57. The lowest was 0.08. And the median was 0.28.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Ideal Bike Cyclically Adjusted Revenue per Share Related Terms


Ideal Bike Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Ideal Bike's Cyclically Adjusted Revenue per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ideal Bike Cyclically Adjusted Revenue per Share Chart

Ideal Bike Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.14 37.35 34.09 30.78 25.42

Ideal Bike Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Cyclically Adjusted Revenue per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30.78 29.77 28.79 27.23 25.42

ROCO:8933 vs AS, HAS, LTH: Cyclically Adjusted Revenue per Share Comparison

For the Leisure subindustry, Ideal Bike's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ideal Bike Cyclically Adjusted PS Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Ideal Bike's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Ideal Bike's Cyclically Adjusted PS Ratio falls into.


ROCO:8933
53GF Score
Ideal Bike Corp ROCO:8933
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ideal Bike Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Ideal Bike's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0.864/324.0540*324.0540
=0.864

Current CPI (Dec. 2025) = 324.0540.

Ideal Bike Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 9.765 238.132 13.288
201606 8.559 241.018 11.508
201609 10.333 241.428 13.869
201612 9.309 241.432 12.495
201703 7.985 243.801 10.613
201706 9.363 244.955 12.386
201709 9.790 246.819 12.854
201712 12.018 246.524 15.798
201803 8.506 249.554 11.045
201806 7.946 251.989 10.218
201809 6.643 252.439 8.528
201812 6.154 251.233 7.938
201903 3.585 254.202 4.570
201906 5.705 256.143 7.218
201909 6.210 256.759 7.838
201912 5.404 256.974 6.815
202003 3.200 258.115 4.017
202006 4.098 257.797 5.151
202009 4.923 260.280 6.129
202012 4.040 260.474 5.026
202103 3.610 264.877 4.417
202106 3.526 271.696 4.205
202109 3.993 274.310 4.717
202112 4.554 278.802 5.293
202203 3.705 287.504 4.176
202206 4.232 296.311 4.628
202209 5.558 296.808 6.068
202212 4.813 296.797 5.255
202303 3.423 301.836 3.675
202306 2.854 305.109 3.031
202309 3.064 307.789 3.226
202312 2.748 306.746 2.903
202403 2.080 312.332 2.158
202406 2.282 314.175 2.354
202409 1.659 315.301 1.705
202412 2.276 315.605 2.337
202503 2.277 319.799 2.307
202506 2.181 322.561 2.191
202509 1.371 324.800 1.368
202512 0.864 324.054 0.864

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of NT$25.42 mean?
Ideal Bike (ROCO:8933) has a Cyclically Adjusted Revenue per Share of NT$25.42 as of Dec. 2025. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Ideal Bike and its competitors.
Is Ideal Bike's Cyclically Adjusted Revenue per Share too high?
Ideal Bike's current Cyclically Adjusted Revenue per Share is NT$25.42. Overall, Ideal Bike has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ideal Bike's Cyclically Adjusted Revenue per Share compare to AS and HAS?
Ideal Bike's Cyclically Adjusted Revenue per Share of NT$25.42 can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Travel & Leisure company?
A good Cyclically Adjusted Revenue per Share depends on the Travel & Leisure industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Ideal Bike and its competitors. Ideal Bike's current Cyclically Adjusted Revenue per Share is NT$25.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ideal Bike stock overvalued right now?
Based on GuruFocus' analysis, Ideal Bike (ROCO:8933) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$4.82, compared to a current price of NT$4.29 — trading 11% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is NT$25.42. Ideal Bike's overall GF Score™ is 53/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Ideal Bike (ROCO:8933), the current Cyclically Adjusted Revenue per Share is NT$25.42 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ideal Bike (ROCO:8933) Overvalued in 2026?

Based on GuruFocus' analysis, Ideal Bike stock appears to be undervalued. The current stock price of NT$4.29 is trading 11% below its estimated GF Value™ of NT$4.82. GuruFocus considers Ideal Bike to be Modestly Undervalued.

Key valuation signals for ROCO:8933:

  • Cyclically Adjusted Revenue per Share: NT$25.42
  • GF Value™: NT$4.82 vs. price of NT$4.29 (11% below fair value)
  • GF Score™: 53/100 with 4 warning signs

No single metric tells the full story. See the ROCO:8933 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ideal Bike Business Description

Address No. 497, Gangbu Road, Section 1, Wuqi District, Taichung City, TWN, 435
Ideal Bike Corp is engaged in manufacturing and selling of bicycles. It offers indoor and outdoor sports cars, baby carriages, mini scooters, and parts. The company also manufactures agricultural machinery, steam locomotives, ships, aircraft, and other parts. Its reportable segments involve the Manufacturing (OEM) segment and Other segments. It derives maximum revenue from Manufacturing (OEM) segment.
53GF Score

Get the complete analysis for ROCO:8933

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$4.29
Price
NT$4.82
GF Value